WWE® SummerSlam®Concert Featuring Flo Rida to Benefit Connor’s Cure

Concert on Thursday, August 18 at Barclays Center With Additional
Performances by Daya and Jordan Hollywood; Appearances by WWE Superstars

July 25, 2016 10:03 AM Eastern Daylight Time

STAMFORD, Conn. & BROOKLYN, N.Y.--(EON: Enhanced Online News)--WWE®, Barclays Center and iHeartMedia today announced that
the first-ever WWE SummerSlam Concert will take place Thursday, August
18 at 7 pm ET at Barclays Center, with proceeds benefiting Connor’s
Cure, a fund to help further pediatric cancer research.

Tickets for the concert, headlined by hip hop recording artist Flo Rida
and international pop superstar Jason Derulo, will go on sale this
Friday, July 29 at 12 pm ET at Ticketmaster.com. The concert is part of
WWE’s week-long lineup of events, including interactive fan experiences
and community outreach programs, culminating with SummerSlam on
Sunday, August 21 at 7 pm ET from a sold-out Barclays Center and live on
WWE Network around the world.

The WWE SummerSlam Concert will also include performances by
recording artist Daya and emerging hip hop recording artist Jordan
Hollywood, as well as appearances by WWE Superstars Stephanie McMahon,
Paul “Triple H” Levesque and more.

A portion of proceeds from the concert will benefit Connor’s Cure and be
distributed to leading research centers and hospitals nationwide. In
2014, Connor’s Cure was created by McMahon and Levesque as a fund within
Children’s Hospital of Pittsburgh Foundation to support pediatric brain
and spinal cord cancer research. Earlier this year, WWE and The V
Foundation announced a partnership to expand Connor’s Cure outside of
Children’s Hospital of Pittsburgh Foundation and support cancer research
nationally.

"I’m definitely honored to be a part of this spectacular event with my
WWE family,” said Flo Rida. “They have been there from day one and I
truly appreciate the opportunity to perform for all my WWE fans."

“We are proud to bring together some of the biggest names in music and
entertainment for one night to support Connor’s Cure,” said WWE Chief
Brand Officer Stephanie McMahon. “The first-ever WWESummerSlam
Concert will offer fans another opportunity to participate in SummerSlam
Week while raising much-needed awareness and funds to support pediatric
cancer research.”

“Partnering with WWE is a very heartfelt experience,” said Susan Braun,
CEO, The V Foundation. “The V Foundation is honored to work side by side
with Stephanie McMahon, Paul Levesque, and the entire WWE team to
increase the amount of research devoted to children’s cancers. Our
world-class scientific advisory committee, who oversees the highly
competitive V Foundation Grant process, ensures that the most important
work is being funded – research that will lead to saving children’s
lives.”

“We’re excited to bring the first-ever WWE SummerSlam Concert to
Barclays Center through our Brooklyn Direct programming division,” said
Brett Yormark, CEO of Brooklyn Sports & Entertainment. “We’re in our
second year of a sold-out SummerSlam Weekend and are proud to
bring a new element of entertainment to this great series of events.”

Connor’s Cure was established in honor of 8-year-old WWE fan Connor
Michalek, a patient at Children’s Hospital of Pittsburgh of UPMC who
battled medulloblastoma, a rare tumor that affects the brain and spinal
cord. To date, Connor’s Cure has raised more than $1 million and
assisted more than 100 families around the world.

Grammy nominated Flo Rida is one of the best-selling music artists,
having sold more than 80 million records worldwide. Part of the WWE
family, Flo Rida has performed at WrestleMania®,
hosted Monday Night Raw® and participated
in WWE’s Tribute to the Troops®. Originally
from Carol City, Florida, his 2008 breakout single "Low" was number one
for 10 weeks in the United States and broke the record for digital
download sales at the time of its release. His 2014 single, “My House”,
became his tenth top 10 hit in the United States. His catalog also
includes the international hit singles "Right Round", "Club Can't Handle
Me", "Good Feeling", "Wild Ones", "Whistle", "I Cry" and "G.D.F.R.".

International pop superstar Jason Derulo is one of the most successful
and sought-after artists in the industry today. In the six years since
ascending to superstardom, Derulo has sold more than 55 million singles
worldwide, all of which have been co-written by the artist himself. His
music has been streamed more than six billion times on Spotify, and his
singles have aired on radio to an audience of over 17 billion since his
debut single “Whatcha Say.” His four acclaimed studio albums have
accumulated 11 Top 10 singles.

Platinum recording artist, Daya, drives pop music down a different path
as an independent artist scaling the pop charts. Her single "Hide Away"
went platinum in January, 2016, just one month after being certified
gold. With more than 50 million streams on Spotify, a Top 10 iTunes Pop
sales chart placement and #7 on Shazam's Top 100, "Hide Away" reached a
new BillBoard Hot 100 high at #24 earlier this year. Daya follows "Hide
Away" with her second single, "Sit Still, Look Pretty", and a full album
to be released later this year.

South Florida rapper and songwriter Jordan Hollywood is blowing up the
charts. His critically acclaimed mixtape, "Sorry For This", received the
highest praise from all of the major blogs and has more than 4 million
streams across his social platforms. Hollywood's "Trill" has been chosen
as the song of the month for the iHeartRadio Digital Artist Integration
Program. His single "The Truth" is quickly becoming the hottest song in
Miami winning the 99 Jamz Battle Jamz nine times consecutively, and
counting. Hollywood is also a noted writer and has co-written songs for
Jason Derulo and French Montana.

About WWE:

WWE,
a publicly traded company (NYSE:WWE), is an integrated media
organization and recognized leader in global entertainment. The company
consists of a portfolio of businesses that create and deliver original
content 52 weeks a year to a global audience. WWE is committed to family
friendly entertainment on its television programming, pay-per-view,
digital media and publishing platforms. WWE programming reaches more
than 650 million homes worldwide in 25 languages. WWE Network, the
first-ever 24/7 over-the-top premium network that includes all live
pay-per-views, scheduled programming and a massive video-on-demand
library, is currently available in more than 180 countries. The company
is headquartered in Stamford, Conn., with offices in New York, Los
Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich
and Tokyo.

Additional information on WWE (NYSE:WWE) can be found at wwe.com and
corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.

About Barclays Center:

Barclays Center opened on September 28, 2012, and is a major sports and
entertainment venue in the heart of Brooklyn, New York. One of the most
intimate seating configurations ever designed into a modern
multi-purpose arena, Barclays Center offers 17,732 seats for basketball,
15,795 for hockey, and up to 19,000 seats for concerts, and has 101
luxury suites, four bars/lounges, four clubs, and 40/40 CLUB &
Restaurant by American Express.

Barclays Center hosts an extensive variety of events, including Brooklyn
Nets and New York Islanders games, premier concerts, major professional
boxing cards, top college basketball, and family shows.

Barclays Center has redefined the arena customer service and culinary
experience. Its more than 2,000 employees are trained by Disney
Institute, the business advisory arm of The Walt Disney Company, and its
BrooklynTaste™ food program features selections from 55 well-known
restaurants and vendors in the borough.

Barclays Center engages the customer with state-of-the-art technology to
enhance the fan experience. As the first arena in the world to utilize
Cisco StadiumVision mobile multicast streaming technology, Barclays
Center allows fans to watch live video and instant replays from their
mobile phones while connected to the arena’s free Wi-Fi.

Located atop one of the largest transportation hubs in New York City,
Barclays Center is accessible by 11 subway lines, the Long Island Rail
Road, and 11 bus lines.

For more information on Barclays Center, please visit www.barclayscenter.com.
For instant updates and behind-the-scenes content, follow
@BarclaysCenter on Twitter, Facebook, and Instagram.

About iHeartMedia New York:

iHeartMedia New York owns and operates WAXQ-FM; WHTZ-FM; WKTU-FM;
WLTW-FM; WWPR-FM; WOR-AM; and is part of iHeartMedia. With over a
quarter of a billion monthly listeners in the U.S. and over 85 million
social followers, iHeartMedia has the largest reach of any radio or
television outlet in America. It serves over 150 markets through 858
owned radio stations, and the company’s radio stations and content can
be heard on AM/FM, HD digital radio, satellite radio, on the Internet at
iHeartRadio.com and on the company’s radio station websites, on the
iHeartRadio mobile app, in enhanced auto dashes, on tablets and
smartphones, and on gaming consoles.

iHeartRadio, iHeartMedia’s digital radio platform, is the No. 1
all-in-one digital audio service with over a billion downloads; it
reached its first 20 million registered users faster than any digital
service in Internet history and reached 85 million registered users
faster than any other radio or digital music service and even faster
than Facebook. The company’s operations include radio broadcasting,
online, mobile, digital and social media, live concerts and events,
syndication, music research services and independent media
representation. iHeartMedia is a division of iHeartMedia, Inc.
(OTCBB:IHRT). Visit iHeartMedia.com for more company information.

Trademarks: All WWE programming, talent names, images, likenesses,
slogans, wrestling moves, trademarks, logos and copyrights are the
exclusive property of WWE and its subsidiaries. All other trademarks,
logos and copyrights are the property of their respective owners.

Forward-Looking Statements: This press release contains forward-looking
statements pursuant to the safe harbor provisions of the Securities
Litigation Reform Act of 1995, which are subject to various risks and
uncertainties. These risks and uncertainties include, without
limitation, risks relating to: WWE Network; major distribution
agreements; our need to continue to develop creative and entertaining
programs and events; the possibility of a decline in the popularity of
our brand of sports entertainment; the continued importance of key
performers and the services of Vincent K. McMahon; possible adverse
changes in the regulatory atmosphere and related private sector
initiatives; the highly competitive, rapidly changing and increasingly
fragmented nature of the markets in which we operate and greater
financial resources or marketplace presence of many of our competitors;
uncertainties associated with international markets; our difficulty or
inability to promote and conduct our live events and/or other businesses
if we do not comply with applicable regulations; our dependence on our
intellectual property rights, our need to protect those rights, and the
risks of our infringement of others’ intellectual property rights; the
complexity of our rights agreements across distribution mechanisms and
geographical areas; potential substantial liability in the event of
accidents or injuries occurring during our physically demanding events
including, without limitation, claims relating to CTE; large public
events as well as travel to and from such events; our feature film
business; our expansion into new or complementary businesses and/or
strategic investments; our computer systems and online operations; a
possible decline in general economic conditions and disruption in
financial markets; our accounts receivable; our revolving credit
facility; litigation; our potential failure to meet market expectations
for our financial performance, which could adversely affect our stock;
Vincent K. McMahon exercises control over our affairs, and his interests
may conflict with the holders of our Class A common stock; a substantial
number of shares are eligible for sale by the McMahons and the sale, or
the perception of possible sales, of those shares could lower our stock
price; and the relatively small public “float” of our Class A common
stock. In addition, our dividend is dependent on a number of factors,
including, among other things, our liquidity and historical and
projected cash flow, strategic plan (including alternative uses of
capital), our financial results and condition, contractual and legal
restrictions on the payment of dividends (including under our revolving
credit facility), general economic and competitive conditions and such
other factors as our Board of Directors may consider relevant.
Forward-looking statements made by the Company speak only as of the date
made and are subject to change without any obligation on the part of the
Company to update or revise them. Undue reliance should not be placed on
these statements. For more information about risks and uncertainties
associated with the Company’s business, please refer to the
“Management’s Discussion and Analysis of Financial Condition and Results
of Operations” and “Risk Factors” sections of the Company’s SEC filings,
including, but not limited to, our annual report on Form 10-K and
quarterly reports on Form 10-Q.

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